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Wise increases account holding and spending limits amidst 30 percent year on year customer growth in Singapore

Global technology company Wise announced Tuesday it has expanded its holding and spending limits for the Wise Account in Singapore. This comes as Wise celebrates a 30 percent year-over-year growth in its local customer base, driven by increased demand for faster, low-cost and more transparent international payments.

EDOTCO, MDEC, Boost team up to accelerate digital economy in Malaysia

Telecommunications infrastructure company EDOTCO Malaysia has on Tuesday announced two strategic partnerships with Malaysia Digital Economy Corporation (MDEC) and Boost to accelerate Malaysia's digital economy through next-generation digital infrastructure and financial inclusion initiatives.

Indonesia’s Qoala appoints new board members and launches ESOP buyback to fuel growth across Southeast Asia

Indonesia-based insurTech company Qoala has on Tuesday announced the addition of two key leaders, Randy Lianggara and Yujun Chean, to its board as part of its regional strategic moves to bolster its presence in the region as the premier provider of diverse protection products.

Indonesia’s PasarPolis eyes expansion into Singapore

Indonesia-based insurtech firm PasarPolis said Tuesday that it is now poised for profitable growth and is preparing for its next major step: expansion into Singapore.

Wavemaker Partners, SEEDS Capital back Mushroom Material in $5M seed funding

Mushroom Material, a New Zealand-based start-up replacing styrofoam pelletized fungi packaging, has secured over $5 million in seed funding. Wavemaker Partners, one of Southeast Asia’s leading VC firms, and Singapore’s SEEDS Capital have led the investment along with Icehouse Ventures, K1W1, and Black Kite Capital.

Antler closes $72M SEA Fund II to double down on SEA startups

Antler, a Singapore-based early-stage venture capital firm, has on Tuesday announced the $72 million close of its second Southeast Asia fund, Antler SEA Fund II. The new Fund will continue investing in early-stage tech-enabled companies in Southeast Asia with pre-launch, pre-seed, and seed capital.

Malaysia’s Petronas launches Supplier Support Program for sustainable practices in OGSE

In encouraging Malaysia’s oil and gas services and equipment (OGSE) suppliers to embrace sustainability principles, Malaysia's state-owned Petroliam Nasional Berhad (Petronas) has on Tuesday launched the Petronas Supplier Support Program (PSSP) in collaboration with the Joint Committee for Climate Change (JC3) Greening Value Chain Program, Bursa Malaysia…

Maxis and Huawei team up on 5G-advanced Joint Innovation Center in Malaysia

Maxis, a Malaysia-based telecommunication firm, and Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia), a subsidiary of Chinese multinational digital communications technology conglomerate Huawei, have on Tuesday announced a strategic collaboration on a Joint Innovation Center in Malaysia.

Strengthening cybersecurity in Malaysian businesses: The imperative of employee training

By prioritizing cybersecurity education and training, businesses can safeguard their digital assets, maintain customer trust, and build a robust defense against the ever-changing cyber threat landscape. The journey towards #cybersecurity resilience begins with educating and empowering the #workforce.

India’s HealthCRED secures $1.2M in seed funding round led by Antler India, TRTL VC, DeVC, iSeedVC and Angel List India

HealthCRED, an India-based business to business (B2B) healthcare financing startup, announced Monday that it has raised $1.2 million in a seed funding round.